Crescent Point Energy provides revised 2013 guidance for production

Crescent Point Energy Corp. has exceeded its 2013 exit production guidance, surpassing its target of 119,000 boe/d in September.

"We've had an outstanding year so far. We've exceeded our targets all year through a very successful organic drilling program, continued outperformance of our core waterflood areas, as well as production results from our cemented liner completions in our core oil resource plays," said Scott Saxberg, president and CEO of Crescent Point. "We're anticipating our third quarter production to be greater than 117,500 boe/d, which is more than 2,000 boe/d ahead of our guidance."